I bought this stick while it was to extended and payed the price. I entered in a long at 2.91 after the ORB - another one I should have taken - with a 1000 share position and a stop-loss at 2.80. I bought while the stock was forming a flag but it was way to far from the 9 EMA to limit my risk. Stock ended up breaking below the 9 EMA and VWAP and my stop-loss was triggered. Improvements that need to be made are to stop chasing stocks while they are to extended from their EMAs where my risk is to high. I also should have cut my position size in half to limit with having a stop-loss that far away from my entry.
Execution detail:
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